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lbvjy [14]
3 years ago
5

$1,000, 5%, 2 years of simple interest paid to the nearest cent

Mathematics
1 answer:
yawa3891 [41]3 years ago
7 0
Using the formula for simple interest
(1000 X 5 X 2)/100
the answer is $100 but to the nearest cent it is 10000cents
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